After years of down (or sideways according to CourtJester), silver finally starting to show some bullish tendencies. It still however needs to smash through that all important resistance high marked on the chart from 2008, at US$21. A monster multi-year H&S the devils metal may yet form. Most Elliott Wave theorists (including Prechter) are tipping down for PM's, however I'm quite content with my SVL investment having moved up 9% today. I preferred my last bearish chart but nobody else seemed to enjoy it, so here is another chart scenario. As always, don't base any of your investment decisions off my running commentary.
I knew I couldn't keep the happy up thread going too long. With metals up today I've sold my PM shares for a tidy profit. Best of luck to those holding. I'm on the sidelines & back to being this old fella again....
No. I can understand the confusion as the threads they spam appear quite similar at first glance. But they definitely display different flavors of retard.
Try NUGT or DUST if you want to day trade a gold ETF. That way you can leverage up 3 times and you don't have worry about time erosion because you change your mind more than a woman.
Hope you are all enjoying the metals drop nicely on queue. Another perfectly timed SilverSale trade. Losses all around for those holding PM shares... what a shame
I'm the one controlling the precious metals price....don't get too haughty or I will not turn the price in your favor any more. .
you know how beautiful silence is when someone expects you to be angry? No attention means he'd be talking to himself, comedy gold in my eyes.
So who is losing the most money today out of the perma-bull boys brigade....(aka BuggedOut,Baron,Caput.. maybe I should also include SkyRocket.) Caput's percent losses are pretty easy to calculate, anyone else wish to share their stocks? The ever popular SVL is down 5.1% ( yesterday was the perfect time to sell ) A few others of Caput's... ABU -3.5% MOY -3.5% SLR -3.3% This SilverSale could be onto something selling yesterday. You boys are lambs to the slaughter - the big boys love ya!